Q&A: Corp Dev Associate at FIG company

Somewhat bored at work and wanted to give back to the community. Quick background bullets: - Target school - Joined Corp Dev of large financial services company after graduation - Switched to a smaller FIG firm couple years ago and stayed ever since - HCOL city - 5-7 years working experience Q&A!

4 Comments
 
Most Helpful

My experience has been that big corporations tend to move slowly internally. There was a lot of corporate bureaucracy on every project we got involved and the project team would be 25+ people large across corp. functions even in initial stages (don't get me started how big it got when a deal went into 2nd round).

Secondly, I felt like I was in an ivory tower looking at business units from an excel sheet mainly without much interaction with the actual revenue generators or an understanding on how the business/operations is run.

Another aspect I did not like was some of the faux pas I was told not to do e.g. not ranking the email address by rank/title when sending out a title.

Don't get me wrong, it was a great learning experience to get my feet wet straight out of college but based on where I am right now in my career, I would rather not return to a full-on corporate environment.

Smaller firm also has its problems (lack of resources at times, had to do random stuff such as risk analysis, FP&A, Operational roadmaps etc. in the early years). However, the big advantage is that I was able to learn the business in-and-out as much as I can and have a much deeper understanding on how the industry actually operates.

 

Rerum soluta enim voluptates voluptas repellat iste eos vel. Qui repellendus dolorem ut occaecati voluptatem error ut. Aperiam nihil qui in molestiae inventore itaque quibusdam. Cupiditate est expedita debitis officia enim occaecati. Assumenda sunt corporis corporis voluptas consequatur iste reiciendis dolores. Molestiae alias iste impedit illum ducimus modi molestias.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”